Infosys gains as GlobalFoundries expands AI-led IT services partnership
GlobalFoundries selected Infosys based on its existing relationship as a technology provider and the latter's semiconductor industry expertise. The collaboration aims to transform the company's IT operations through a managed services model powered by artificial intelligence, automation and continuous optimization.
The partnership is expected to help GlobalFoundries improve operational efficiency, strengthen resilience and enhance user experience as part of its ongoing digital transformation initiatives.
Infosys said it will leverage its AI capabilities, domain expertise and outcome-based operating model to help reduce IT incidents, improve end-user experiences and lower total cost of ownership over the long term. The company added that the engagement will support GlobalFoundries' transition from reactive IT management to predictive and autonomous service delivery.
Infosys is a global leader in business consulting and technology services. The company reported a 27.75% increase in consolidated net profit to Rs 8,501 crore on a 2.02% rise in revenue from operations to Rs 46,402 crore in Q4 FY26 over Q3 FY26.
Powered by Capital Market - Live News